Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

At that time, now, the Minister was talking about Anglo and Nationwide, but the NTMA recommendation was across all six banks. And my particular question was that the NTMA were supporting the burning of senior bondholders while at the same time being of the view that they would be able to access money from the ... the international money markets within a number of years. That the case wasn't that we'd be shut out for a period for an extended period. Would that be a true reflection of what the NTMA were arguing at the time?

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